Financial reporting of European banks H1 2023
Expected credit losses of banks in Europe in a troubled macroeconomic environment – Irish context
Insurance regulation newsletter - Issue 2
Q2 2022 saw continued regulatory emphasis on consumer protection, resilience frameworks, and sustainability goals in the insurance sector. Combining these challenges with the backdrop of economic and geopolitical uncertainty, insurance professionals will remain as busy as ever this summer.
Our newsletter covers important updates from the CBI and EIOPA plus all the latest developments across the industry, including:
- Sanctions, risks and expectations in respect of the war in Ukraine.
- Updates to Solvency II guidelines on Contract Boundaries and Technical Provisions.
- Recovery and Resolution Planning.
- Differential Pricing updates.
- CBI Fines and Reprimands.
- Climate risks and expectations.
- CBI & EIOPA Consultation Paper updates.
- Personal Injuries Assessment Board updates.
- The latest industry statistics from the National Claims Database, Health Insurance Authority and Financial Services & Pensions Ombudsman.
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Beyond the GAAP no.180 - September 2023
In mid-September, the European Commission (EC) launched a consultation on a draft delegated act that proposes to increase by 25% the size criteria set out in the Accounting Directive to classify undertakings and groups into different categories (micro, small, medium and large), in order to reflect inflation over the past ten years.
Beyond the GAAP no.179 - June - August 2023
On 31 July, only three weeks after the end of the public consultation on the draft delegated act, but a month behind the schedule set by the Corporate Sustainability Reporting Directive (CSRD), the European Commission adopted the final regulation on the first set of European Sustainability Reporting Standards (ESRS), after making a few last-minute changes based on the responses (more than 600)...
Contact
Martina Mahon Partner, Audit & Assurance - Dublin
Rob Hamill Partner, Audit & Assurance - Dublin
Gary Stakem Director, Actuarial & Risk - Dublin
Ciara Browne Director, Actuarial & Risk - Dublin
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